Yearly, companies spend $1 trillion on software program, however navigating the maze of choices and outdated evaluations typically results in poor buying selections. Platforms like G2.com and Capterra rely closely on user-generated evaluations, that are steadily biased, incomplete, or outdated, leaving firms pissed off and bleeding sources.
Enter Stackfix, a London-based tech startup addressing the $1 trillion software program market’s hardest problem: slicing by means of limitless choices and unreliable evaluations. The platform makes use of AI to supply real-time software program comparisons, providing companies correct, up-to-date insights into pricing, options, and efficiency, giving companies the readability they should make assured buying selections..
Immediately, Stackfix introduced it has raised $3 million in funding led by Chalfen Ventures, with participation from Seedcamp, helloworld, and angel traders together with Paul Forster (Certainly.com), Mehdi Ghissassi (DeepMind), Matt Clifford (Entrepreneur First), Alice Bentinck (Entrepreneur First), and Charlie Delingpole (ComplyAdvantage).
A Smarter Technique to Purchase Software program
Based in 2023 by Paddy Stobbs (Jukedeck, acquired by TikTok) and Camin McCluskey (ex-Skyscanner), Stackfix was born from firsthand frustration with conventional software program overview platforms. Stobbs and McCluskey acknowledged that AI might streamline the method, enabling companies to rapidly determine the instruments that finest match their wants.
Not like standard platforms that rely upon static consumer evaluations, Stackfix automates the testing of software program merchandise, gathering real-time knowledge to assist companies make knowledgeable selections. Throughout its non-public beta, firms equivalent to ElevenLabs and Synthesia used the platform to spend over $500,000 on software program.
Tackling Complexity with AI
The proliferation of software program instruments, fueled by advances in AI, has made the market extra advanced than ever. Conventional overview programs haven’t saved tempo, leaving companies overwhelmed. Stackfix steps in with AI-powered testing, providing clear and dependable insights that simplify software program buying.
By leveraging real-time knowledge, Stackfix delivers customized suggestions, making certain companies get the best match. The funding will probably be used to reinforce the platform’s AI capabilities and broaden its attain globally.
Mike Chalfen of Chalfen Ventures highlighted the platform’s potential: “The demand for software program is skyrocketing, however selecting the best instruments stays a problem. Stackfix makes use of AI to information companies towards higher selections with pace and precision. Paddy and Camin are constructing one thing really transformative.”
Seedcamp’s Reshma Sohoni echoed this sentiment, emphasizing the platform’s influence on transparency and effectivity in software program buying: “Companies deserve instruments that make the shopping for course of smarter and quicker. Stackfix is delivering precisely that.”
The Final AI-Powered Software program Comparability Platform
Stackfix’s mission is obvious: to create the definitive software program comparability platform. With robust investor backing and a pointy give attention to fixing a common ache level, the corporate is poised to reshape how companies discover and buy software program.
As Co-Founder and CEO Paddy Stobbs put it, “The instruments to assist companies select the best software program haven’t saved up with the market’s fast progress. Stackfix is altering that, making the method quicker, easier, and extra correct.”
Stackflix founders: Paddy Stobbs and Camin McCluskey
